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Avant Technologies Clarifies Mistaken Joint Venture Announcement

Avant Technologies Clarifies Mistaken Joint Venture Announcement

Avant Technologies, Inc. Retracts False Press Release

Avant Technologies, Inc. (OTCQB: AVAI) has issued a critical update regarding claims made in a previous announcement about a Joint Venture and License Agreement with Art-Islets Pte. Ltd. and Austrianova (SGAustria Pte. Ltd.). This statement was released on a date that will not be mentioned here to focus on the present.

Clarification on Joint Venture Statements

It has become evident that the earlier release contained inaccuracies and misleading statements. Agenda regarding collaborative efforts, technology exchanges, and potential clinical pathways discussed in that communication are now being disregarded. The company emphasizes that no formal agreements have been executed with the mentioned entities, hence any past mentions of joint ventures should not be taken as verified.

Commitment to Transparency

Avant Technologies acknowledges the confusion created by the earlier press release and expresses its commitment to ensuring that all communications with investors, partners, and the public are accurate and thoroughly verified. This retraction comes in response to the urgent need to uphold the trust and integrity in its communications.

Future Communication

To ensure the shareholders and interested parties are kept informed of accurate developments, Avant Technologies will be enhancing its communication strategies. The ultimate goal is to provide timely updates via official channels, such as the company’s website, where the latest verifiable information will be available.

Contact Information

For questions or inquiries about the retracted statement or any other company-related information, stakeholders are encouraged to contact investor relations. Reach Avant Technologies, Inc. via email at info@avanttechnologies.com.

Frequently Asked Questions

What led to the retraction of the press release?

The retraction was necessary due to inaccuracies in the original release regarding a Joint Venture and License Agreement.

What is the company's commitment post-retraction?

Avant Technologies is dedicated to providing accurate and verified information to maintain transparency with shareholders and the public.

Are there ongoing partnerships with Art-Islets or Austrianova?

No formal agreements have been reached with either company, as stated in the retraction announcement.

How can investors stay updated in the future?

Investors are encouraged to visit the Avant Technologies website for the latest official updates and information.

Who should be contacted for more information?

For inquiries, stakeholders can reach out to the investor relations team at Avant Technologies via email.

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